Jan 23, 2012
Patent Filings Rank Xerox Among the World’s Top Innovators
NORWALK, Conn. – Xerox Corporation (NYSE:XRX) continues to expand its rich patent portfolio filled with innovation that helps simplify, speed up and create more efficient ways for work to get done in enterprises around the world. The company received 1,030 U.S. patents in 2011.
The tally includes patents from Xerox wholly-owned subsidiaries; Affiliated Computer Services (ACS), the Palo Alto Research Center (PARC), and XMPie® -- all Xerox companies. Xerox's joint venture in Japan, Fuji Xerox Co. Ltd., received 588 U.S. patents in 2011. When taken together, the Xerox group garnered 1,618 U.S. patents, placing Xerox eighth on the IFI Patent Intelligence list worldwide.
“Through our innovation, we’re helping our clients be more agile in today’s tough business environment. Xerox innovation helps make it easier to mine context from the massive amounts of content needed to run their operation and can create a more sustainable enterprise,” said Sophie Vandebroek, Xerox chief technology officer and president of the Xerox Innovation Group. “Whether it’s collaboration with industry or university partners, co-creating with our customers, conducting first-of-kind pilots in U.S. hospitals or remote villages in India - we innovate. It’s part of our heritage and a priority for our future.”
The company’s researchers develop new technologies resulting in real-world products and services. A growing number of patents reflect Xerox’s focus on integrating innovation into the company’s services business. For example, Patent Nos. 7,877,423 and 8,015,111 cover proprietary ways for state governments to better manage electronic payments, like child support from employer to recipient. And, Patent No. 7865437 is for e-Childcare, a unique, paperless, web-based time and attendance system that simplifies the processing of subsidized childcare payments.
Xerox has filed nearly 58,000 patents around the world since 1930.
In addition to the National Medal of Technology, the highest honor awarded by the President of the United States, Xerox has received a number of innovation awards including being named to Thomson Reuters' 2011 listing of the World's 100 Most Innovative Companies, and The Wall Street Journal recognized the Xerox Research Centre Europe with its 2011 Technology Innovation Award. Also in 2011, Xerox received the Corporate Innovation Award from the American Institute of Chemical Engineers for the invention, development and commercialization of Emulsion Aggregation toner.
Together, Xerox and Fuji Xerox invest about $1.5 billion annually in research and development.
With sales approaching $23 billion, Xerox Corporation (NYSE: XRX) is the world’s leading enterprise for business process and document management. Its technology, expertise and services enable workplaces – from small businesses to large global enterprises – to simplify the way work gets done so they operate more effectively and focus more on what matters most: their real business. Headquartered in Norwalk, Conn., Xerox offers business process outsourcing and IT outsourcing services, including data processing, healthcare solutions, HR benefits management, finance support, and customer relationship management services for commercial and government organizations worldwide. The company also provides extensive leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. The 136,000 people of Xerox serve clients in more than 160 countries. For more information, visit http://www.xerox.com, http://news.xerox.com, http://www.realbusiness.com or http://www.acs-inc.com. For investor information, visit http://www.xerox.com/investor.